By CoStar | Chuck Larocco, Research May 27, 2025 | 11:55 AM An 11,503-square-foot medical office building at 21 Romance Hill Road recently traded in a sale between private individuals. Franciscan Medical Clinic sold in the upleg of a 1031 exchange for $5.5 million in Belfair, west of Seattle. The property was fully leased at…
CoStar Group | Richard Lawson Real estate investors are taking more interest in medical office buildings as higher prices and risks in other property types have squeezed annual returns, according to a CoStar analysis. The report, titled “Investing in Medical Office: Just What the Doctor Ordered,” shows the cities with the fastest-growing population of seniors…
ORION Commercial Partners, Raakhi Patel JJW Group LLC, an international professional service organization, acquired The Franciscan Medical Pavilion at 205 10th St. NE, Auburn, 98002, WA from a local owner for $12,089,000 million. The Franciscan Medical Pavilion is a medical and dental office building totaling 37,480 square feet, that sitting on a land area totaling…
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